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The City of Santa Rosa administers a Rehabilitation Loan Program which offers loans to eligible investor owners: 

  • At least 70% of the project’s units must be occupied by low income households.  
  • Up to $15,000 per rental unit
  • 3% interest with a loan term of 15 years.  The interest rate is fixed at the prime rate if payments are deferred.
  • Investor must agree to provide units at affordable rents over the term of the loan. 

For more information contact 707-543-3300 

PLEASE NOTE:  Due to budget constraints, this program has been suspended temporarily.

 

 Loan Documents